Celer Network Has Announces Partnership With Kava Labs

Celer Network is excited to announce that the integration of cBridge with Kava Labs™, the primary and non-custodial developer of the Kava network, is underway. The integration is aimed at bridging assets in a cost-efficient manner between Kava and a variety of other high-demand chains, including Ethereum, Ethereum Layer-2, and any other EVM-compatible chains

Using a unique combination of a Generalized State Channel and Layer-2 Rollup, Celer Network delivers highly efficient scaling and bridging between networks and layers. The partnership with Kava Labs will focus initially on integrating cBridge 2.0 with Kava. In the future, Celer and Kava will explore more opportunities for cross-chain transfers between EVM chains and Cosmos chains.

About Kava Labs

Kava Labs is the primary contributor to the Kava Network and a suite of DeFi protocols that are powered by it. The mission of Kava Labs is to create a secure, scalable home for the future of decentralized finance (DeFi) through a combination of powerful Layer-1 architecture, institutional-grade security, and user experience-driven design.

About Celer Network

Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of Layer-2 scaling with advanced Rollup technology. Core applications and middleware like cBridge, layer2.finance, and more ecosystem applications built on Celer have attracted large audiences in the DeFi, blockchain interoperability, and gaming spaces.

➡️Source:
https://blog.celer.network/2021/11/22/celer-network-announces-partnership-with-kava-labs/

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